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CGI Federal selected to modernize Federal Aviation Administration's Notice to Airmen (NOTAM) system to help strengthen aviation safety
Prnewswire· 2025-05-06 13:10
Stock Market SymbolsGIB (NYSE)GIB.A (TSX)cgi.com/newsroomFAIRFAX, Va., May 6, 2025 /PRNewswire/ - CGI Federal Inc. (CGI Federal), a wholly owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), based in Fairfax, Virginia, has been selected by the Federal Aviation Administration (FAA) to lead the modernization of the Notice to Airmen (NOTAM) system, a critical aviation safety system in the United States. "CGI Federal is proud to partner with the FAA on accelerating the delivery of a modernize ...
CGI Group (GIB) Q2 Earnings and Revenues Miss Estimates
ZACKS· 2025-04-30 12:46
CGI Group (GIB) came out with quarterly earnings of $1.48 per share, missing the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.33%. A quarter ago, it was expected that this information technology and business process services company would post earnings of $1.39 per share when it actually produced earnings of $1.41, delivering a surprise of 1. ...
CGI reports second quarter Fiscal 2025 results
Prnewswire· 2025-04-30 10:30
Stock Market SymbolsGIB.A (TSX) GIB (NYSE)cgi.com/newsroomQuarterly revenue exceeded $4 billion, up 7.6% year-over-yearQ2-F2025 performance highlights Revenue of $4.02 billion, up 7.6% year-over-year or 3.3% year-over-year in constant currency1; Earnings before income taxes of $582.6 million, up 0.9% year-over-year, for a margin1 of 14.5%; Adjusted earnings before interest and taxes1 of $665.7 million, up 5.9% year-over-year, for a margin1 of 16.5%; Net earnings of $429.7 million, up 0.7% year-over-year, fo ...
CGI launches fraud, waste and abuse prevention platform to support U.S. federal government agencies
Prnewswire· 2025-04-28 11:05
Core Insights - CGI Federal Inc. has launched a Fraud, Waste and Abuse (FWA) Prevention Platform aimed at assisting U.S. federal government agencies in detecting and preventing improper payments before they occur [1][2] - The platform utilizes advanced fraud analytics and predictive models based on over 3,000 fraud schemes, enabling early identification of potentially fraudulent activities [2] - CGI's Momentum solution, which is integrated with the FWA Prevention Platform, is used by over 180 federal organizations and complies with federal financial management frameworks [3] Company Overview - CGI Federal Inc. is a leading technology and professional services provider for federal agencies, employing nearly 8,000 professionals to modernize government operations [4] - The company focuses on delivering innovative technology solutions and flexible delivery models to achieve mission outcomes across various sectors, including defense and healthcare [4] Technology Partnership - The FWA Prevention Platform was developed in collaboration with TrackLight Inc., leveraging AI-driven technology and open-source intelligence to enhance fraud detection capabilities [2][5] - TrackLight's suite includes various tools for fraud detection, benefiting from access to over 1 billion open-source intelligence records [5]
CGI to release second quarter fiscal 2025 results on April 30
Prnewswire· 2025-04-23 10:30
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom MONTRÉAL, April 23, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) will release results for its second quarter fiscal year 2025, ended March 31, 2025, on Wednesday, April 30, 2025 before the markets open. Management will host a conference call to discuss results and answer questions at 9:00 a.m. (EDT). Who: François Boulanger, President and Chief Executive Officer Steve Perron, Executive Vice-President and Chief Financial Officer ...
CGI Advantage® first ERP solution to achieve GovRAMP Authorized status
Prnewswire· 2025-04-17 10:30
FAIRFAX, Va., April 17, 2025 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest independent technology and professional services firms, today announced that its CGI Advantage® Enterprise Resource Planning (ERP) solution has obtained GovRAMP Authorized status. As the first and only ERP solution to receive this designation, GovRAMP-authorized CGI Advantage offers a simplified, independent, and trusted solution that ensures government systems meet the most rigorous security standards.The ...
CGI VirtualFlightRecorder to enhance aviation safety with next-generation flight data solution
Prnewswire· 2025-04-15 10:30
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom LONDON, April 15, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced an expansion of the Universal Virtual Flight Data Recorder (UVFDR) initiative, developed with support from the European Space Agency (ESA) and the UK Space Agency (UKSA) under the Business Applications and Space Solutions (BASS) programme. The new phase will establish CGI VirtualFli ...
Ventura County, CA, successfully launches CGI Advantage® cloud-based financial management system
Prnewswire· 2025-03-31 10:30
"Ventura County's decision to upgrade its financial system with CGI reflects the strength of our collaboration and the shared commitment to achieving lasting operational improvements. The updated VCFMS will deliver a streamlined user interface, enhancing accessibility and efficiency outcomes for end users," said Joanna Robinson, Senior Vice-President of CGI's U.S. West operations. "The system's go-live represents a critical step forward in Ventura County's modernization journey. By embracing cloud-based sol ...
CGI enters into an exclusivity agreement to acquire Apside, a leading digital and engineering services firm in France
Prnewswire· 2025-03-31 10:30
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom PARIS, March 31, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced the signature of an exclusivity agreement to acquire Apside, a France-based leading digital and engineering services firm. The agreement was signed with Apside's main shareholders, Siparex and investments companies of Crédit Agricole Group. With a significant local presence, Apsid ...
CGI expands its presence in Québec City with the acquisition of Momentum Technologies
Prnewswire· 2025-03-25 20:30
Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Acquisition deepens CGI's data and business intelligence capabilities MONTRÉAL, March 25, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced the acquisition of Momentum Technologies, a Québec City based IT consulting services company, specializing in data analytics and business intelligence.More than 250 highly skilled consultants and professionals w ...